Oppenheimer Global Opportunities A (OPGIX) a Zacks Ranked #1 (Strong Buy) was incepted in October 1990 and is managed by Oppenheimer Funds Group. OPGIX seeks capital appreciation consistent with preservation of principal, while providing current income. OPGIX invests mainly in equity and debt securities of issuers in the U.S. and foreign countries. Currently the fund emphasizes investments in stocks, but the relative emphasis on stocks and debt securities in its portfolio changes over time depending on relative opportunities for growth and income. OPGIX invests in any country, including developed or emerging markets, but currently emphasizes investments in developed markets, such as the U.S., Canada, and Western Europe. As a fundamental policy, OPGIX normally invests in at least four countries (including the United States).
This Global Equity fund, as of the last filing, allocates their fund in four major groups; Large Growth, Small Growth, Emerging Market and Foreign Stock. Further, as of the last filing, Nektar Therapeutics, Cepheid and Nokia Corporation were the top holdings for OPGIX.
The Oppenheimer Global Opportunities A, managed by Oppenheimer , carries an expense ratio of 1.18. Moreover, OPGIX requires a minimal initial investment of $1,000.
OPGIX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 12.09%, 3 year 15.76% and 5 year 10.35%. To see how this fund performed compared in its category, please click here.
OPGIX’s performance, as of the last filing, when compared to funds in its category was in the top 9% in 1 year, top 33% over the past 3 years, and in the 62% over the past 5 years.
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